Latest news with #CollinsFoods
Business Insider
07-05-2025
- Business
- Business Insider
Wilsons Sticks to Their Buy Rating for Collins Foods (CLLFF)
Wilsons analyst James Ferrier maintained a Buy rating on Collins Foods (CLLFF – Research Report) on May 2 and set a price target of A$10.13. Protect Your Portfolio Against Market Uncertainty Discover companies with rock-solid fundamentals in TipRanks' Smart Value Newsletter. Receive undervalued stocks, resilient to market uncertainty, delivered straight to your inbox. According to TipRanks, Ferrier is an analyst with an average return of -0.9% and a 40.38% success rate. Ferrier covers the Consumer Cyclical sector, focusing on stocks such as G.U.D. Holdings, Collins Foods , and ARB Corporation . In addition to Wilsons, Collins Foods also received a Buy from Citi's Sam Teeger in a report issued on May 1. However, on April 23, Canaccord Genuity reiterated a Hold rating on Collins Foods (Other OTC: CLLFF). Based on Collins Foods 's latest earnings release for the quarter ending October 13, the company reported a quarterly revenue of $703.53 million and a net profit of $24.12 million. In comparison, last year the company earned a revenue of $695.15 million and had a net profit of $30.19 million
Yahoo
06-05-2025
- Business
- Yahoo
Shareholders in Collins Foods (ASX:CKF) are in the red if they invested three years ago
In order to justify the effort of selecting individual stocks, it's worth striving to beat the returns from a market index fund. But if you try your hand at stock picking, you risk returning less than the market. Unfortunately, that's been the case for longer term Collins Foods Limited (ASX:CKF) shareholders, since the share price is down 16% in the last three years, falling well short of the market return of around 25%. So let's have a look and see if the longer term performance of the company has been in line with the underlying business' progress. We check all companies for important risks. See what we found for Collins Foods in our free report. While markets are a powerful pricing mechanism, share prices reflect investor sentiment, not just underlying business performance. One way to examine how market sentiment has changed over time is to look at the interaction between a company's share price and its earnings per share (EPS). During the unfortunate three years of share price decline, Collins Foods actually saw its earnings per share (EPS) improve by 5.3% per year. Given the share price reaction, one might suspect that EPS is not a good guide to the business performance during the period (perhaps due to a one-off loss or gain). Alternatively, growth expectations may have been unreasonable in the past. Since the change in EPS doesn't seem to correlate with the change in share price, it's worth taking a look at other metrics. We note that, in three years, revenue has actually grown at a 10% annual rate, so that doesn't seem to be a reason to sell shares. It's probably worth investigating Collins Foods further; while we may be missing something on this analysis, there might also be an opportunity. The company's revenue and earnings (over time) are depicted in the image below (click to see the exact numbers). We like that insiders have been buying shares in the last twelve months. Even so, future earnings will be far more important to whether current shareholders make money. If you are thinking of buying or selling Collins Foods stock, you should check out this free report showing analyst profit forecasts. It is important to consider the total shareholder return, as well as the share price return, for any given stock. Whereas the share price return only reflects the change in the share price, the TSR includes the value of dividends (assuming they were reinvested) and the benefit of any discounted capital raising or spin-off. Arguably, the TSR gives a more comprehensive picture of the return generated by a stock. As it happens, Collins Foods' TSR for the last 3 years was -7.8%, which exceeds the share price return mentioned earlier. This is largely a result of its dividend payments! Collins Foods shareholders are down 9.3% for the year (even including dividends), but the market itself is up 8.6%. However, keep in mind that even the best stocks will sometimes underperform the market over a twelve month period. On the bright side, long term shareholders have made money, with a gain of 4% per year over half a decade. It could be that the recent sell-off is an opportunity, so it may be worth checking the fundamental data for signs of a long term growth trend. If you want to research this stock further, the data on insider buying is an obvious place to start. You can click here to see who has been buying shares - and the price they paid. If you like to buy stocks alongside management, then you might just love this free list of companies. (Hint: most of them are flying under the radar). Please note, the market returns quoted in this article reflect the market weighted average returns of stocks that currently trade on Australian exchanges. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
Business Insider
01-05-2025
- Business
- Business Insider
Collins Foods (CLLFF) Receives a Buy from Citi
Citi analyst Sam Teeger maintained a Buy rating on Collins Foods (CLLFF – Research Report) today and set a price target of A$9.60. Protect Your Portfolio Against Market Uncertainty Discover companies with rock-solid fundamentals in TipRanks' Smart Value Newsletter. Receive undervalued stocks, resilient to market uncertainty, delivered straight to your inbox. Teeger covers the Consumer Cyclical sector, focusing on stocks such as Collins Foods , ARB Corporation , and Breville Group . According to TipRanks, Teeger has an average return of 2.8% and a 43.18% success rate on recommended stocks. In addition to Citi, Collins Foods also received a Buy from UBS's Tim Plumbe in a report issued on April 16. However, on April 23, Canaccord Genuity reiterated a Hold rating on Collins Foods (Other OTC: CLLFF). CLLFF market cap is currently $626.7M and has a P/E ratio of 18.69.
Yahoo
17-04-2025
- Business
- Yahoo
Collins Foods plans to exit Taco Bell restaurant business in Australia
Australian restaurant operator Collins Foods is planning to withdraw from the Taco Bell business in Australia, shifting its focus towards the expansion of its KFC operations in Germany. The company is in discussions with Yum Brands to transfer the licence for its 27 Taco Bell restaurants in Australia to a new owner. Shares of Collins Foods has experienced a downturn, dropping by 2.7% to A$8.44, in contrast to a 0.4% increase in the broader market index, as reported by Reuters. The move comes after the company reported a 2% decline in Taco Bell's revenue for the first half of fiscal 2025, highlighting pressures from Guzman Y Gomez, a rival in the Mexican food segment in Australia. Guzman Y Gomez, which made its public debut on the Australian market in 2024, achieved 9.4% growth in same-store sales in the first half of the fiscal year while Taco Bell's same-store sales decreased by 0.3%. Collins Foods has also agreed with Yum! Brands to increase the number of KFC outlets in Germany. With only 16 of the 207 KFC restaurants in Germany under its franchise, Collins Foods sees significant growth potential, describing the market as underpenetrated. The company is planning to launch between 40 and 70 new KFC locations up to 2030. Collins Foods anticipates an impairment charge between A$25.5m and A$32.7m ($16.11m to $20.66m) related to its operations in the Netherlands. Collins Foods is an Australian Securities Exchange-listed entity employing more than 20,000 people. In October 2024, the company appointed Xavier Simonet as its new managing director and CEO. "Collins Foods plans to exit Taco Bell restaurant business in Australia" was originally created and published by Verdict Food Service, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site.
Yahoo
15-04-2025
- Business
- Yahoo
Popular fast food chain on chopping block
Taco Bell is set to be sold off by its Australian operator, leaving the popular fast food franchise's future in the country uncertain. Collins Foods - the ASX-listed operator of KFC in Australia and Europe and Taco Bell - says it will sell the Mexican-themed chain, citing challenges competing against the much larger Guzman y Gomez brand. Collins Foods managing director and chief executive Xavier Simonet confirmed they would be exiting their position in the Mexican-themed chain. 'In a challenging economic environment, the customer remains at the heart of our business,' he said. 'We will continue to deliver high-quality food at accessible prices, leveraging the heritage of the KFC brand at a time when consumer trust has never been more important.' Collins Foods, which operates 27 Taco Bells in Australia, said it is in discussions with the American parent company about an exit next year. According to figures released to the ASX in December, the fast food restaurant operators posted a 2 per cent drop in revenue from Taco Bell for the first half of the financial year. Collins Foods' review will also see the business push for aggressive growth in Germany, with plans to expand its KFC chain with 40 to 70 new restaurants in the next five years, and closing restaurants in the Netherlands at a cost of $32.7m. Mr Simonet said several initiatives - including the sale of Taco Bell - would provide strategic clarity and renewed purpose. 'We remain laser-focused on delivering operational excellence in our core market, Australia, where we continue to successfully adapt to a dynamic consumer landscape,' he said. 'We maintain a disciplined approach to capital deployment and operational excellence, optimising our existing network with carefully targeted expansion to ensure ongoing value for customers, partners, and shareholders.'
